karen backfisch olufsen

Who is Karen Backfisch Olufsen? Everything You Need To Know


Karen Backfisch-Olufsen rose to prominence in 1988 when she tied the knot with Jim Crammer, a well-known American author, television personality, and former hedge fund manager. Despite their publicized marriage, Karen didn’t let her association with Crammer overshadow her own career aspirations. Instead, she carved out a successful path for herself as a savvy businesswoman with a solid foundation in finance. However, the question remains: did Karen find love again after parting ways with Jim? Delving into Karen’s complete journey reveals the answers.

Who is Karen Backfisch Olufsen?

Karen Backfisch-Olufsen, a proud American of Caucasian descent, found her calling in journalism from a young age, fueling her drive for future achievements. Though specifics about her upbringing are scant, her unwavering passion for the field never wavered. Karen pursued her higher education at Stony Brook State University, where she diligently cultivated her skills and earned her degree. Upon graduating, she embarked on her professional journey, starting her career under the guidance of Jim Cramer at Michael Steinhardt’s hedge fund. While the details of her early life may be veiled, Karen’s commitment to journalism and her initial career decisions paved the way for her eventual triumphs.

Karen Backfisch Olufsen Biography

Karen Backfisch Olufsen, also known as Karen Finerman, entered this world on February 25, 1965, within the borders of the United States of America. Although intricate details about her parental lineage remain veiled, it is public knowledge that Karen emanates from a Caucasian heritage. She navigated her formative years on American soil alongside her two siblings, namely Wendy Finerman and Mark Finerman.

Karen’s familial counterparts boast notable achievements within their respective domains. Her sibling, Wendy, ascends as an esteemed American cineaste, having garnered the prestigious accolade of an Academy Award for her contribution to the finest cinematic creations. Meanwhile, Mark strides triumphantly in the realm of financial enterprise, steering the helm of commercial mortgage securities with aplomb at Greenwich Capital.

Profile Summary

Full nameKaren Backfisch Olufsen
NicknameKaren Finerman
Age59 (as of 2024)
Date of birthFebruary 25, 1965
Zodiac signPisces
Place of birthUnited States of America
Marital statusDivorced
Ex-spouseJim Cramer (divorced in 2009)
ChildrenTwo – Cece Kramer, Emma Kramer
Hair colourBlonde
Eye colourHazel
Height in cm165
Height in feet5′ 4”
University/collegeState University of New York at Stony Brook
ProfessionBusinesswoman, TV panellist
Net worth$1 million

Karen Backfisch Olufsen Education

American native Karen Backfisch-Olufsen is still mostly unknown when it comes to her early life, and not much is known about her family history. Still, she attended the State University of New York at Stony Brook to further her education because of her early passion in journalism. Karen entered the finance industry after graduating from college with a degree in a subject she would rather not discuss and landing a job at Michael Steinhardt’s hedge fund. It was there that she first encountered her future spouse, Jim Cramer. Despite the ambiguity surrounding her upbringing, Karen’s journey from a young journalism enthusiast to a skilled finance professional illustrates her versatility and adeptness across various fields.

Karen Backfisch Olufsen Age:

Karen Backfisch-Olufsen celebrated her American birthday on February 25th, 1965. At present, she stands at 58 years of age, having amassed nearly six decades of life experiences.

Body Measurements

Height5 feet 4 inches (162.56 cm)
Weight50 kg
Eye ColorHazel
Hair ColorBrown
FrameSlim and lean

Karen Backfisch-Olufsen is five feet four inches tall and fifty kg in weight. Her remarkable attractiveness is accentuated by her thin and elegant form, which is further emphasized by her captivating brown hair and hazel eyes. While the precise measurements of her physique remain undisclosed, this air of mystery only adds to her captivating allure. Undoubtedly, Karen’s elegant demeanor and unique features contribute significantly to her undeniable charm and presence.

Nationality and Ethnicity

Karen Backfisch-Olufsen, an American resident, identifies herself as being of Caucasian descent. Her cultural heritage aligns with the broader Caucasian demographic within American society, reflecting her racial background. This aspect of her identity contributes to the rich tapestry of American culture, highlighting the diverse mosaic within which individuals like Karen navigate their lives and careers.

Karen Backfisch Olufsen Career

After finishing her studies, Karen ventured into the finance field, starting off at Michael Steinhardt’s hedge fund. She happened to run upon Jim Cramer there, who was Cramer Berkowitz’s founding manager and senior partner. Karen’s aptitude for money ultimately helped her land a job managing a profitable hedge fund.

Later on, Karen transitioned into the realm of journalism, taking on the role of a TV panelist. However, details regarding her specific achievements in journalism remain undisclosed to the public. Additionally, Karen has explored various other sectors, including:

  • A member of the GrafTech International Board
  • A trustee of the Montefiore Medical Center
  • A member of the Michael J. Fox Foundation for Parkinson’s Research Board

Karen holds the position of vice president at Lehman and serves as the co-founder of Metropolitan Capital Advisors, Inc. Her proficiency and acumen in analyzing balance sheets, navigating M&A arbitrage, and practicing value investing have been instrumental in propelling her forward in her finance career.

Karen Backfisch Olufsen Net Worth

Karen is a dedicated professional, and her prowess in the finance sector has enabled her to amass considerable wealth. While Karen has opted to keep her earnings private, sources like City Celeb and Abtc estimate her net worth to be around $1 million.

Karen Backfisch Olufsen Personal Life

After Karen married Jim Cramer, a well-known American television personality, best-selling anchor, and former hedge fund manager, she gained notoriety and attracted attention from the public. Their romantic journey started when they collaborated at Michael Steinhardt’s hedge firm.

In 1988, following a five-year romance, Karen and Jim exchanged vows. Notwithstanding their public persona, they led a contented and quiet married life, raising two children, Emma Kramer and Cece Kramer. Nevertheless, the pair chose to divorce after 21 years of marriage, giving no explanation for their private decision.

Karen has opted to maintain a low profile and avoid social media since their split. As a result, it’s still unknown whether she got married again or what kind of relationship she’s in.

Jim, meantime, has carried on with his life. He married Lisa Cadette Detwiler, general manager of The Longshoreman, an Italian restaurant in the New York City borough of Brooklyn, on April 18, 2015.

Karen Backfisch Olufsen Divorce

Karen Backfisch-Olufsen embarked on a marital journey with Jim Cramer, a distinguished anchor and former hedge fund manager, despite both having previous marriages. Their relationship blossomed during their tenure at Michael Steinhardt’s hedge fund, evolving from professional acquaintances to romantic partners over time. Following a five-year courtship, they exchanged vows and ventured into a joint professional endeavor at Cramer and Company. Blessed with two daughters, Cece and Emma Kramer, the family appeared content until they eventually parted ways, their divorce proceedings shielded from public scrutiny. In the aftermath of the divorce, Karen chose to maintain a low profile, opting for a more traditional lifestyle devoid of social media and the spotlight.

Relationship Status

Karen married Jim Cramer, her soulmate, in 1988. They initially came into contact in the 1980s while working for Michael Steinhardt’s investment company. They began their adventure together at Cramer & Company after exchanging vows and courting for more than five years. However, the pair chose to split up for personal reasons after 21 years of dating.

Social Media Accounts

FacebookKaren Backfisch-Olufsen’s FB
InstagramKaren Backfisch-Olufsen’s Instagram
TwitterKaren Backfisch-Olufsen’s Twitter
YouTubeKaren Backfisch-Olufsen’s YouTube


Early Life and Education: Karen Backfisch Olufsen, also known as Karen Finerman, was born on February 25, 1965, in the United States. She attended the State University of New York at Stony Brook, where she pursued her passion for journalism.

Career: Karen began her professional journey in finance, working at Michael Steinhardt’s hedge fund. Later, she transitioned into journalism, becoming a TV panelist. She also holds positions on various boards, including GrafTech International and the Michael J. Fox Foundation for Parkinson’s Research.

Personal Life: Karen gained prominence through her marriage to Jim Cramer, a well-known television personality and former hedge fund manager. They divorced in 2009 after 21 years of marriage, and Karen has since maintained a low profile.

Family: Karen comes from a successful family, with her sister Wendy being an Academy Award-winning film producer and her brother Mark excelling in the financial industry.

Net Worth: While Karen’s exact net worth is not publicly disclosed, estimates suggest it to be around $1 million.


American-born on February 25, 1965, Karen Backfisch Olufsen is a talented entrepreneur and television commentator. She first sought a career in finance and met her ex-husband, Jim Cramer, when employed at Michael Steinhardt’s hedge fund. After 21 years of marriage, they divorced in 2009, but Karen carried on with her career, working in journalism and sitting on several boards.


What is Karen Backfisch Olufsen’s net worth? 

While her exact net worth is not publicly disclosed, estimates suggest it to be around $1 million.

Who is Karen Backfisch Olufsen’s ex-husband? 

Karen was previously married to Jim Cramer, a well-known television personality and former hedge fund manager. They divorced in 2009 after 21 years of marriage.

Does Karen Backfisch Olufsen have children? 

Yes, Karen has two daughters named Cece Kramer and Emma Kramer from her marriage to Jim Cramer.

What is Karen Backfisch Olufsen’s professional background? 

Karen initially worked in finance at Michael Steinhardt’s hedge fund before transitioning into journalism. She also holds positions on various boards, including GrafTech International and the Michael J. Fox Foundation for Parkinson’s Research.

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